CROTTY, MCGUIRE, MCKEON, WOOD, SILVA, FEIGENHOLTZ,
O'BRIEN, LYONS,JOSEPH, MCAULIFFE, NOLAND, REITZ,
STEPHENS, DAVIS,STEVE AND COULSON.
CON AMEND-CMPTRLR-ST FIN OFFCR
Synopsis of Bill as introduced:
Proposes to amend the Executive Article of the Illinois
Constitution. Eliminates the offices of the Treasurer and
Comptroller. Creates the office of State Financial Officer. Provides
that the State Financial Officer shall (i) maintain the State's
central fiscal accounts and order payments into and out of the
accounts and (ii) be responsible for the safekeeping and investment of
monies and securities deposited with him or her. Effective upon voter
approval as to creation of the State Financial Officer; effective
beginning with the election in 2002 as to the election of a State
Financial Officer; and effective upon conclusion of the terms of the
Treasurer and Comptroller elected in 1998 as to the elimination of the
Treasurer and the Comptroller.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
ILCON Art V, Sec. 16.5 new
Deletes everything. Proposes to amend the Executive Article of
the Illinois Constitution. Eliminates the Office of the Comptroller.
Provides that the Treasurer shall maintain the State's central fiscal
accounts and order payments into and out of the accounts, be respon-
sible for the safekeeping and investment of monies and securities de-
posited with him or her, and have the duties and powers that may be
prescribed by law. Effective upon conclusion of the term of the Comp-
troller elected in 1998.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status